Deep Yellow Limited (ASX:DYL) Appoints Head of Business Development
OTCMKTS:DYLLF) is pleased to announce the appointment of Andrew Mirco as the Company s Head of Business Development.
Mr Mirco is an experienced corporate finance and business development executive, with a successful and proven background in financing, M&A, and risk management. Through his time at Paladin Energy Limited he worked closely with the current Deep Yellow management and technical team, and will bring the extensive uranium experience and knowledge gained during this time to this role.
Mr Mirco spent over ten years at Paladin (2008-18) holding senior roles in both Treasury and Corporate Development. He played an integral part in the inorganic growth of Paladin in the latter years, leading to execution of M&A opportunities and asset sales. In addition, Mr Mirco led the project debt financing for Paladin s mine developments.
“For decades, Malawi has lacked patriotism.”
Malawi President Lazarus Chakwera has announced that he is set to make major reforms in the mining sector, including setting up of a government-owned mining company.
In his special televised government policy national address at Mtunthama State Residence on Sunday, President Chakwera disclosed that the Malawi government plans to establish a Mining Regulatory Authority in order to reorganise the country’s mining industry.
Chakwera announces new Mining Policy
Said President Chakwera: “In the June sitting of Parliament, my administration will present a Bill to establish a Mining Regulatory Authority.
“The Authority’s mandate will be to regulate the development, management, and utilization of our country’s mineral resources in line with sustainable development principles and practices.”
Deep Yellow Limited (ASX:DYL) Corporate Presentation HC Wainwright & Co Conference
Corporate Presentation HC Wainwright & Co ConferencePerth, April 20, 2021 AEST (ABN Newswire) - Deep Yellow Limited s (
- Dual-pillar growth strategy to establish a multi-platform, 5-10Mlb per annum, low-cost, tier one uranium producer
- Led by a standout uranium team
o A highly-credentialed and experienced team (majority ex-Paladin Energy) with proven success in the uranium sector, strong project development, operational and corporate capabilities
o Majority of this team successfully built and operated two innovative conventional uranium operations (Langer Heinrich, Namibia and Kayelekera, Malawi)
o Grew Paladin from a market capitalisation of A$2M to A$4Bn - pre-Fukushima
Apr 13 2021
As the uranium price rise of recent weeks takes a breather, Cameco plans to restart production at the Cigar Lake mine
-Cameco’s Cigar Lake mine to restart
-Recent research on ASX-listed uranium companies
-The weekly Spot uranium price falls -2.7%
By Mark Woodruff
In a move that surprised some commentators given the pandemic caseload in northern Canada,
Cameco has announced it plans to restart production at the Cigar Lake uranium mine in April. In some quarters it’s felt recent tightening in the spot market and the potential for further covid supply disruption may have played a part in the decision.